Financials
Financial year 2024
VAILLANT GROUP BELGIUM from Drogenbos, company number BE0401874760, closed financial year 2024 with a result of € 1.1 million after tax. For that financial year VAILLANT GROUP BELGIUM recorded revenue of € 215.6 million and equity of € 4.1 million. Compared with financial year 2023, the result moved from € 2.8 million to € 1.1 million. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2025.
€ 4.1 million
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 59% vs 2023
Profit after tax over the fiscal year.
€ 0
Cash and bank balances on the last day of the fiscal year.
€ 1.1 million paid out
97 % of the profit went to the shareholders, mostly to Vaillant Holdings Ltd (100 % of the shares). That is where the money ends up.
People and assets in 2024
409.2
▼ 31.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 36 million
▼ 3% vs 2023
€ 87,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 317,053
▼ 66% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 16.8 million
▲ 49% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 6.9 million
▼ 13% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 163,679,153 | € 188,479,467 | € 243,618,079 | € 215,614,977 | ▼ 11% |
| Profit after taxes | € 1,116,130 | € -132,988 | € 2,788,805 | € 1,130,752 | ▼ 59% |
| Equity | € 1,654,129 | € 1,521,141 | € 4,116,611 | € 4,147,363 | ▲ 1% |
| Total debts | € 44,597,032 | € 34,349,989 | € 36,090,202 | € 41,910,335 | ▲ 16% |
| Cash | € 7,106,174 | € 0 | - | € 0 | |
| Land & buildings | € 4,163,244 | € 4,366,840 | € 4,417,229 | € 4,346,791 | ▼ 2% |
| Retained profit | € 414,662 | € 281,673 | € 394,595 | € 425,347 | ▲ 8% |
| Dividend | € 1,000,000 | € 0 | € 2,200,000 | € 1,100,000 | ▼ 50% |
| Balance sheet total | € 48,578,302 | € 38,456,266 | € 44,065,349 | € 49,618,654 | ▲ 13% |
| Employees (FTE) | 167.6 | 177.2 | 441 | 409.2 | ▼ 31.8 |
Key figures of VAILLANT GROUP BELGIUM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VAILLANT GROUP BELGIUM?
What happened at VAILLANT GROUP BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nicolas Van Thielen stepped down as director. NBB
- Andreas Meijer stepped down as director. NBB
- Frederik Reins stepped down as director. NBB
- Roel Willems stepped down as director. NBB
- Barbara Priesching stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 1.1 million (▼ 59% vs 2023). Source: NBB ↗
- Nicolas Van Thielen became a director. NBB
- Andreas Meijer became a director. NBB
In short
From € 1.1 million profit in 2021 to € 1.1 million profit in 2024.
Paid € 3.1 million in corporate taxes since 2021.
Best year ever: 2023, with € 2.8 million profit.
Paid out € 4.3 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Vaillant Holdings Ltd (100%).
Directors
According to the 2024 annual accounts
Frederik Reins
Director
since 2022 · until 2028
Roel Willems
Director
since 2022 · until 2028
Nicolas Van Thielen
Director
since 2024 · until 2030
Barbara Priesching
Director
since 2022 · until 2028
Andreas Meijer
Director
since 2024 · until 2030
Shareholders
Vaillant Holdings Ltd
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Golden Hopestraat 15
1620 Drogenbos
Schaessestraat 13 box 1
9070 Destelbergen
Active since 1 July 2023
Golden Hopestraat 13
1620 Drogenbos
Active since 1 July 2023
Everdongenlaan 9 box 1
2300 Turnhout
Active since 1 July 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.874.760
- VAT number
- BE 0401.874.760
- Registered office
- Golden Hopestraat 15, 1620 Drogenbos
- Names & denominations
- VAILLANT GROUP BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 1948
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
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